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Your Take: Would You Consider Wedding Insurance?

I’ve heard of a lot of wacky types of insurance but here’s one that surprised me – wedding insurance. It’s the subject of Cameron Huddleston’s latest Kip Tips column [3], which, (not) coincidentally, was published after to the wedding of Prince William and Catherine Middleton. Wedding insurance is “special event insurance that provides reimbursement for nonrefundable deposits if the wedding needs to be canceled or postponed due to a natural disaster, death, illness, serious injury or other catastrophe listed in the policy.”

When we were married, the thought of wedding insurance never crossed our mind. Our event was held indoors but it was also held in February, which risked Mother Nature’s snowy wrath in Maryland. While everything went off without a hitch, I’m not entirely sure insurance would’ve been something we seriously considered had we even known about it. The biggest worry is that a service provider (caterer, photographer, florist, DJ, etc.) doesn’t show up, but in those cases you have legal means to get your deposit back, and in those cases it pays to do your homework on the vendor.

As we ramp up wedding season, does wedding insurance seem like a good idea? I’m inclined to say no.

(Photo: pinreader [4])